Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −8.9% APRnext payment −$0.82 per $10,000 · paid last 24h —

Price spread now: SunX against Paradex+0.032%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. SunX is 0.032% dearer against Paradex than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	62.030	0.0082	pay 0.0082% / 8h	3h 42m	—	—	5x
Short	SunX DRAM-USDT	62.050	0	get 0.0000% / 8h	3h 42m	$738	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Paradex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ParadexbpFee SunXbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$17.13
Price spread: +0.032% → 0.000%: $3.18
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: −$25.94
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; SunX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell SunX live order book, 5 min ago	45.93 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx DRAM/USDC	0.0000%	1h	62.037	+0.011%	$437K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.060	+0.048%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.020	−0.017%	$36K	$182K	10x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	62.050	+0.032%	$738	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.980	−0.081%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.060	+0.048%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0012%	4h	62.083	+0.085%	$150K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.016	−0.023%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.040	+0.016%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.010	−0.033%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	62.010	−0.033%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.020	−0.017%	$165K	$455K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.019	−0.018%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.029	−0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.000	−0.049%	$1.1M	$2.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0069%	8h	62.060	+0.048%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERPlong	+0.0082%	8h	62.030	long leg	—	—	5x
Pacifica DRAM	+0.0100%	1h	62.048	+0.029%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.020	−0.017%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.040	+0.016%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.040	+0.016%	$9K	—	10x	as long as short
Bybit DRAMUSDT	+0.0100%	8h	62.090	+0.096%	$9.7M	$9.7M	100x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.036	+0.010%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.129%	$533K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0138%	1h	62.020	−0.017%	$81.1M	$35.6M	20x	as long as short
Lighter DRAM	+0.0152%	1h	62.055	+0.040%	$1.0M	$1.2M	20x	as long as short
Aster DRAMUSDT	+0.0180%	8h	62.037	+0.011%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0251%	8h	62.054	+0.039%	$2.4M	$759K	—	as long as short
BloFin DRAM-USDT	+0.0275%	8h	62.020	−0.017%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0294%	8h	62.060	+0.048%	$44.5M	$80.6M	50x	as long as short
MEXC DRAM_USDT	+0.0295%	8h	62.050	+0.032%	$8.2M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0296%	1h	62.036	+0.009%	$76K	$657K	10x	as long as short
Gate DRAM_USDT	+0.0538%	8h	62.080	+0.080%	$8.1M	$3.5M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0557%	1h	62.040	+0.016%	$13K	$3K	20x	as long as short